Contest Stocks: Freemont General A Best Performer

Here's our look at the stocks making our best and most active lists. Small caps seem to be the main focus among contest traders. And Freemont General is back strong--not only as a most active but as a best performer. It hasn't played itself out yet as news about selling some of the company's subprime loans had an affect. Also--news on Sallie Mae had an impact on more than just iteself. Take a look:

Best performing trades by % gain from Friday's close to Monday's close: Fremont General : If you bought on Friday at $7.05 and held/sold on Monday with a close of $8.88, the contestant gained 25.96% on the trade. FMT was up on news that it found a buyer for some of its subprime loans on the secondary market, and that it may sell the bulk of its home-lending business to the same party. Sallie Mae : If you bought on Friday at $46.76 and held/sold on Monday with a close of $55.05, the contestant gained 17.73% on the trade. Sallie Mae was up on acquisition news. Trina Solar : If you bought on Friday at $58.50 and held/sold on Monday with a close of $68.60, the contestant gained 17.26% on the trade.Nelnet : If you bought on Friday at $24.45 and held/sold on Monday with a close of $28, the contestant gained 14.52% on the trade. Nelnet gained on news that peer Sallie Mae (SLM) agreed to be acquired. aQuantive : If you bought on Friday at $28.52 and held/sold on Monday with a close of $32.01, the contestant gained 12.24% on the trade. AQNT is an online ad company and rose on the news that Google agreed to purchase DoubleClick.

Worst performing trades by % loss from Friday's close to Monday's close:First Marblehead : If you bought on Friday at $44.43 and held/sold on Monday with a close of $34.60, the contestant lost 22.12% on the trade. On the flipside of the Sallie Mae trade, FMD shares dropped on concerns that JPMorgan and Bank of America would over time use Sallie Mae for more of its student loan securitizations. JPMorgan is First Marblehead's biggest customer and could lead to a 26% drop in loan volume. Neurochem : If you bought on Friday at $13.13 and held/sold on Monday with a close of $12.36, the contestant lost 5.86% on the trade.

Most actives as of the close on 4/16: Revlon Fremont GeneralCMGIConexantCharter Commun VonageTechnical Olympic USA Crystallex International Sirius Oilsands Quest

Widely helds as of the close on 4/16: CMGI: with 3,546,228,325 shares held, down from Friday.Revlon: 2,548,730,462 shares held, up from Friday.Conexant: 2,040,977,009 shares held, down from Friday.Sirius: 1,503,424,559 shares held, up from Friday.Crystallex International: 1,276,969,933 shares held, down from Friday.Vonage: 1,087,066,669 shares held, down from Friday.